Jade Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

JADE Stock  CAD 0.02  0.00  0.00%   
Jade Leader financial indicator trend analysis is infinitely more than just investigating Jade Leader Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jade Leader Corp is a good investment. Please check the relationship between Jade Leader Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jade Leader Corp Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jade Leader's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.59. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Jade Leader Corp, assuming nothing else is changed. The correlation between historical values of Jade Leader's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Jade Leader Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Jade Leader's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Jade Leader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jade Leader Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Issuance Of Capital Stock is likely to climb to about 339.2 K in 2024, whereas Selling General Administrative is likely to drop slightly above 380.1 K in 2024.
 2023 2024 (projected)
Other Operating Expenses4.5K4.0K
Cost Of Revenue18.6K19.5K

Jade Leader fundamental ratios Correlations

0.560.98-0.680.99-0.81-0.480.54-0.28-0.720.170.930.540.540.860.990.560.99-0.210.440.830.96-0.230.79-0.53-0.52
0.560.42-0.610.45-0.7-0.41-0.07-0.76-0.630.650.721.0-0.060.820.560.940.63-0.460.950.810.43-0.870.87-0.83-0.83
0.980.42-0.651.0-0.75-0.460.64-0.23-0.680.060.850.40.640.770.970.430.95-0.140.310.730.99-0.080.7-0.45-0.44
-0.68-0.61-0.65-0.660.720.63-0.080.470.950.02-0.74-0.59-0.05-0.73-0.73-0.66-0.740.25-0.52-0.68-0.650.47-0.690.610.61
0.990.451.0-0.66-0.76-0.470.62-0.23-0.690.090.870.430.620.80.970.450.96-0.160.340.760.99-0.110.72-0.46-0.45
-0.81-0.7-0.750.72-0.760.38-0.150.310.79-0.39-0.89-0.67-0.15-0.79-0.85-0.8-0.860.48-0.52-0.87-0.730.57-0.740.760.75
-0.48-0.41-0.460.63-0.470.38-0.210.360.710.09-0.43-0.42-0.18-0.48-0.47-0.39-0.50.12-0.48-0.46-0.490.18-0.510.270.26
0.54-0.070.64-0.080.62-0.15-0.21-0.03-0.06-0.090.24-0.071.00.20.44-0.180.410.36-0.060.110.640.520.170.030.03
-0.28-0.76-0.230.47-0.230.310.36-0.030.41-0.52-0.33-0.77-0.04-0.55-0.26-0.65-0.330.34-0.81-0.43-0.30.56-0.670.710.72
-0.72-0.63-0.680.95-0.690.790.71-0.060.41-0.05-0.79-0.61-0.03-0.77-0.77-0.7-0.780.44-0.55-0.77-0.660.52-0.730.620.62
0.170.650.060.020.09-0.390.09-0.09-0.52-0.050.350.66-0.050.470.150.620.21-0.610.630.540.09-0.570.56-0.73-0.73
0.930.720.85-0.740.87-0.89-0.430.24-0.33-0.790.350.690.250.950.950.770.96-0.410.560.960.82-0.520.89-0.71-0.7
0.541.00.4-0.590.43-0.67-0.42-0.07-0.77-0.610.660.69-0.060.810.540.930.62-0.470.960.790.41-0.860.87-0.82-0.81
0.54-0.060.64-0.050.62-0.15-0.181.0-0.04-0.03-0.050.25-0.060.210.44-0.170.410.35-0.060.120.640.510.180.020.01
0.860.820.77-0.730.8-0.79-0.480.2-0.55-0.770.470.950.810.210.870.820.91-0.470.720.960.76-0.590.98-0.78-0.78
0.990.560.97-0.730.97-0.85-0.470.44-0.26-0.770.150.950.540.440.870.61.0-0.270.430.860.94-0.30.8-0.55-0.55
0.560.940.43-0.660.45-0.8-0.39-0.18-0.65-0.70.620.770.93-0.170.820.60.65-0.550.810.850.42-0.890.84-0.89-0.89
0.990.630.95-0.740.96-0.86-0.50.41-0.33-0.780.210.960.620.410.911.00.65-0.310.510.890.93-0.360.84-0.6-0.59
-0.21-0.46-0.140.25-0.160.480.120.360.340.44-0.61-0.41-0.470.35-0.47-0.27-0.55-0.31-0.46-0.59-0.160.57-0.510.630.62
0.440.950.31-0.520.34-0.52-0.48-0.06-0.81-0.550.630.560.96-0.060.720.430.810.51-0.460.70.34-0.780.81-0.71-0.7
0.830.810.73-0.680.76-0.87-0.460.11-0.43-0.770.540.960.790.120.960.860.850.89-0.590.70.71-0.630.94-0.79-0.78
0.960.430.99-0.650.99-0.73-0.490.64-0.3-0.660.090.820.410.640.760.940.420.93-0.160.340.71-0.060.71-0.47-0.47
-0.23-0.87-0.080.47-0.110.570.180.520.560.52-0.57-0.52-0.860.51-0.59-0.3-0.89-0.360.57-0.78-0.63-0.06-0.630.70.7
0.790.870.7-0.690.72-0.74-0.510.17-0.67-0.730.560.890.870.180.980.80.840.84-0.510.810.940.71-0.63-0.82-0.82
-0.53-0.83-0.450.61-0.460.760.270.030.710.62-0.73-0.71-0.820.02-0.78-0.55-0.89-0.60.63-0.71-0.79-0.470.7-0.821.0
-0.52-0.83-0.440.61-0.450.750.260.030.720.62-0.73-0.7-0.810.01-0.78-0.55-0.89-0.590.62-0.7-0.78-0.470.7-0.821.0
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Jade Leader Account Relationship Matchups

Jade Leader fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M1.5M1.4M1.6M1.8M1.3M
Total Current Liabilities41.9K122.3K155.9K305.3K351.1K368.7K
Total Stockholder Equity1.8M1.3M1.3M1.2M1.4M1.2M
Net Tangible Assets1.7M1.8M1.3M1.3M1.5M1.2M
Retained Earnings(15.7M)(16.5M)(16.8M)(17.2M)(15.5M)(16.2M)
Accounts Payable3.3K30.0K0.074.066.663.27
Cash271.1K203.8K132.1K136.6K157.1K194.3K
Net Receivables13.0K11.5K595.08.3K525.00.0
Other Stockholder Equity3.1M3.3M3.4M3.5M4.1M3.0M
Total Liab54.7K135.0K168.6K356.4K409.8K430.3K
Total Current Assets299.6K237.9K165.5K166.8K191.8K225.9K
Common Stock13.9M14.2M14.4M14.5M16.7M14.8M
Property Plant Equipment1.4M1.6M1.2M1.3M1.5M1.0M
Other Current Liab12.6K5.5K68.9K130.5K150.1K157.6K
Non Current Assets Total1.6M1.2M1.3M1.4M1.6M1.2M
Common Stock Shares Outstanding51.3M56.5M59.7M64.9M74.6M53.4M
Net Invested Capital1.8M1.3M1.3M1.2M1.4M1.4M
Net Working Capital257.7K115.6K9.7K(138.5K)(124.7K)(118.4K)
Capital Stock14.2M14.4M14.5M14.7M16.9M15.5M

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